Page 8 - Martin Downs Bulletin - October '22

Page 8, Martin Downs

Honoring

Those Who Work For The in-hand with House of Hope

Cause, Not For Applause, to empower Martin County
residents to overcome hunger
Honored At House Of Hope’s and hardship.
This year ’s annual
2022 Hope Awards Hope Awards Recognition
Breakfast was held on Sept.
House of Hope supporters truly “work for the cause, not 14 at Monarch Country Club in
for applause,” and they never expect any recognition for their Palm City, with HBKS Wealth
efforts. Once a year, however, House of Hope honors the Advisors as the Presenting
people, businesses, partner agencies, faith-based organizations Sponsor and Stuart Main Street
and neighborhoods that perform extraordinary work hand- as the Silver Sponsor.
“Our award recipients
this year – and every
year – have a significant,
positive impact on our Celebrating the partnerships of the Copper Key Scholarship Promise that support youth in
community. They contribute Martin County, with a 2022 Hope Award. Pictured left to right: Tasha Morales – House of
their passion, expertise, Hope, Tamia Williams – Boys and Girls Club of Martin County, Sarah Torres – Boys and Girls
creativity and resources Club of Martin County, Karla Preissman – volunteer with Copper Key, Ellie Gundrania –
to help us carry out our The Community Foundation Martin – St. Lucie, Tracey Etelson – Nina Haven Scholarships,
mission,” said Rob Ranieri, Julia Mathes – Nina Haven Scholarships
CEO of House of Hope.
A special moment in the ceremony was the awarding of the anniversary as a House of Hope volunteer, donating 4,000 hours
Barbara Trimble Legacy Award, named after a longstanding of his time working in the Stuart Pantry and Thrift Store. Beyond
philanthropist of House of Hope and other community nonprofits. his volunteer time, Walt is especially beloved by House of Hope
For his contributions of time, talent, and treasure to House of for bringing delicious, homemade baked goods for staff and
Hope over many years of service, the Barbara Trimble Legacy volunteers to enjoy – even through COVID and for his heartfelt
Award was presented to Stephen Schramm, of HBKS in Stuart. handmade cards for special occasions.
2022 Barbara Trimble Legacy Award Recipient, Stephen Another heartwarming recognition was in honor of Walt
Schramm, of HBKS, and Robert Ranieri, CEO of House of Hope Keller. At 96 years young, Walt was celebrating his nine-year Honoring on page 9
rEaL EstatE

Treasure Coast Real Estate a $500,000 transferred benefit.

Report You must file the Transfer
of Homestead Assessment
Difference with the homestead
Selling And Buying Another Home? Be Sure application for your new home.
To Take Advantage Of Tax Portability! Once the homeowner files
these forms and if they are in fact
By Jim Weix eligible, portability will allow
The Florida homestead them to “transfer their SOH
exemption is for primary benefit from their old homestead
residences in the state. If a to a new homestead, lowering the
homeowner sells their primary tax assessment and, consequently,
residence, they will lose the taxes for the new homestead.
their homestead exemption Go to: https://www.
for that property. However, pa.martin.fl.us/homestead-
they can transfer some or exem ption/ home st ead-
all of their Save Our Homes portability for more information
(SOH) assessment limitations. and to get the needed forms.
Homeowners will have three Feel free to call me if you
years to transfer their SOH assessment limitation. would like to discuss your
For example, if a homeowner’s old home was worth options. I can be reached at
$300,000, but was assessed at 200,000 due to SOH benefit, (772) 341-2941 or jimweix@
they have a $100,000 cap. This means the property owner could jimweix.com.
transfer the $100,000 cap, using homestead portability, to the Jim Weix is a broker associate
new property. If the new property is worth $450,000, the cap with The Keyes Company. Jim
of $100,000 would bring the assessed value down to $350,000 has 25 years of experience selling
for the first year. Homeowners may be eligible to transfer, or real estate full-time. If you have
port, up to $500,000 in capped value. questions or want the services of
If “downsizing” to a home of lower market value, the an experienced expert, you can
homestead owner can transfer a SOH benefit that protects the reach Jim at (772) 341-2941 or
same percentage of value as it did the former homestead, up to jimweix@jimweix.com.

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